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administration. this is changing the color here is when president obama took over in january of '09. who is responsible for this turn around? >> the president and it would be a better turn around if the republicans had allowed a bigger stimulus. we'd have many more jobs. >> you'd make the case we didn't spend enough on the economy? >> we wasted 40% of that on tax cuts for small business, which is inherently savings and not stimulus. it was a real policy mistake. is this historic? >> we're going in the right direction. we're not creating as many jobs as we need for the population growth, but it's astonishing we're recovering the way we are and if the republicans would stop creating the uncertainty, remember the uncertainty by not making a deal, we'd see the numbers improving very dramatically. let me ask in terms of the stability. these are numbers. does it look historic? it doesn't. but when we were down here, we were on the verge of tipping over. our whole economic situation, our financial situation
administration. this is changing the color here is when president obama took over in january of '09. who is responsible for this turn around? >> the president and it would be a better turn around if the republicans had allowed a bigger stimulus. we'd have many more jobs. >> you'd make the case we didn't spend enough on the economy? >> we wasted 40% of that on tax cuts for small business, which is inherently savings and not stimulus. it was a real policy mistake. is this...
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joining us is the former budget director for the obama administration. vice chairman of global bang banking at citigroup, a veteran of these negotiations. thank you for being here on a friday night. >> good to be with you. >> peter, you have been in a lot of these negotiations. you've been in there, seen how they go. what is your take right now? >> i think as you pointed out, it's still early. it's december 7th. both sides would be complaining if there were actually an agreement in place right now. but you can see the pieces coming together, as you laid out, on the fiscal cliff. some increase in marginal tax rates coupled with some kind of cutting back on tax expenditures. the real concern is shifting or will shift from the fiscal cliff to the debt limit. it's not at all clear that the republicans will agree to including a debt limit increase in that kind of package. if they don't, we may get past december 31st only to find ourselves with a big problem in february or march. >> the obama administration, the white house has been very clear, they will not s
joining us is the former budget director for the obama administration. vice chairman of global bang banking at citigroup, a veteran of these negotiations. thank you for being here on a friday night. >> good to be with you. >> peter, you have been in a lot of these negotiations. you've been in there, seen how they go. what is your take right now? >> i think as you pointed out, it's still early. it's december 7th. both sides would be complaining if there were actually an...
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this shows the overall unemployment rate under president obama's administration. which of the president's policies have helped the most in this? >> well, very crucial to this has been his decision to get congress to extend unemployment benefits, surprisingly. because people, when they have that money, are spending it back in the economy. remember, every 50th person you meet statistically only has food stamps today as income. and that's the result of these years of the republicans policies. so having unemployment and >> send thing unemployment benefits next year would be very important to continue to bring this number down and have businesses hire more people, because they have customers with money in their pockets to buy products and services. >> this is what could have happened if congress failed to pass the recovery act. the center on budget and policy priorities says that we've added almost $1 million more jobs because of the stimulus package. why are the republicans fighting stimulus spending now? why? is it they don't want to see president obama succeed or do
this shows the overall unemployment rate under president obama's administration. which of the president's policies have helped the most in this? >> well, very crucial to this has been his decision to get congress to extend unemployment benefits, surprisingly. because people, when they have that money, are spending it back in the economy. remember, every 50th person you meet statistically only has food stamps today as income. and that's the result of these years of the republicans...
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my next guest says the obama administration is punishing job producers and subsidizing a withdrawal from the work force. joining us now, one of the country's most thoughtful, provocative political an economic tinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal rk in it is great to have you with us. somepeople upon closer inspection, it is not good news and people are leaving the work force. >> it sure isn't. we are paying people to leave the workforce. some $1 trillion offpayments of various kinds to keep people from working and to break up their families and to demoralize their earnest. it is -- it ignores the elephant in the room which is a massiveve depaure of the prime age man from the work force. it is accelerating today. and part of this is being subsidiz by the government through record disability payments. lou: disabilit payments from social security administration, taking thaaside when one looks at food stamps and medicaid alone, you can add other incentives as well and support programs, but we are looking at the prospect of having one in t
my next guest says the obama administration is punishing job producers and subsidizing a withdrawal from the work force. joining us now, one of the country's most thoughtful, provocative political an economic tinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal rk in it is great to have you with us. somepeople upon closer inspection, it is not good news and people are leaving the work force. >> it sure isn't. we are paying people to leave the...
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do you have imagine what might have happened if the obama administration had intervened early by imposing a no-fly zone at very little cost and risk to the united states over syria, if assad had been gone 12 months ago fwe were now in the midst of a transitional process with an opposition that hadn't been radicallized by the influx from jordan, iraq, from elsewhere. instead, we're having not only the syrian meltdown with serious consequences, but hundreds of thousands of refugees in turkey, destabilization of jordan and increasing inability in lebanon and this is spilling out all over the region, paul. >> paul: what about the president's red lines on--bama' so-called, on syrian chemical weapons before he said, if they move these chemical weapons there will be consequences and now they've dropped the moved argument and they're now saying if he uses those chemical weapons. are we seeing a backtracking from the the united states? >> i think the backtracking to our default position which is to do nothing at all. i think it's justifiable that they may have moved these and we don't know why, ma
do you have imagine what might have happened if the obama administration had intervened early by imposing a no-fly zone at very little cost and risk to the united states over syria, if assad had been gone 12 months ago fwe were now in the midst of a transitional process with an opposition that hadn't been radicallized by the influx from jordan, iraq, from elsewhere. instead, we're having not only the syrian meltdown with serious consequences, but hundreds of thousands of refugees in turkey,...
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i want to thank the members of this committee, the congress, and the obama administration for supporting a help the inner city passenger rail system and for supporting improved service with words and money. we are grateful for the investments from the american recovery and investment act which have provided more than $1.4 billion for illinois high- speed rail. these current investments in illinois high-speed passenger rail systems are already supporting thousands of jobs with much more on the way. we cannot do it without federal help. we need continued federal funding for high-speed rail to finish the job restarted and keep our promises to travelers and taxpayers. we ask that congress appropriate additional funds for state making these investments, including illinois in the midwest. neither illinois or the midwest would be the transportation hub of the nation that it is today and the state's diverse economic base would not exist as we know it. illinois was made the center of national rail development and today, it hosts a 7,300 mile rail network that serves as a keystone in moving passen
i want to thank the members of this committee, the congress, and the obama administration for supporting a help the inner city passenger rail system and for supporting improved service with words and money. we are grateful for the investments from the american recovery and investment act which have provided more than $1.4 billion for illinois high- speed rail. these current investments in illinois high-speed passenger rail systems are already supporting thousands of jobs with much more on the...
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administration, britain, france just turned away from the problem, and so now we have this potential anarchic situation where the terrorists can take root. >> greta: so now what? what do we do? >> at this point trying to find ways to strengthen, i use this term loosely, the government of libya is very important because if we sees somalia this time on the southern coast of the mediterranean, it's very clear that europe will be vulnerable and indeed we will be worldwide, so it seems to me this is something that we should be involved in, but our friends in europe really have a lot at stake here, too. >> ambassador, we want to also ask you tonight about former vice-president dick cheney's latest remarks. now, last night he blasted president obama's foreign policy in the middle east. here's what he said in part. >> i think certainly in my conversations with many of those people, they no longer believe us. they no longer trust us. they no longer believe they can count on the united states of america to do what we did 20 years ago. our allies no longer trust us or have confidence in us and
administration, britain, france just turned away from the problem, and so now we have this potential anarchic situation where the terrorists can take root. >> greta: so now what? what do we do? >> at this point trying to find ways to strengthen, i use this term loosely, the government of libya is very important because if we sees somalia this time on the southern coast of the mediterranean, it's very clear that europe will be vulnerable and indeed we will be worldwide, so it seems...
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why do you think that we won't see the obama administration as being the first administration since the '80s to give up this pseudo war on drugs? >> you know, they have taken some stones war on drugs. the one thing obama did in 2010 is he lowered the disparity between crack cocaine and cocaine. his view is this is a prevention matter and they're working on that. for whatever reason, i'm not sure why. if you go on the white house website, they have a long page about how marijuana use is bad, bad, bad, hurts your health, et cetera in the same way you can say about smoking. but they are just not there yet. i'm not sure why. a lot of liberals like he is going to change his mind in the next four years. and i'm not certain of that. what you're seeing right now in colorado and washington tells you his mind is probably not changing on this issue. >> all right. brain trust, don't go anywhere. when we come back, apparently when he heard of jim demint's departure, your friend, joel sawyer, lindsey graham said he nearly fell off his couch. what the move means for the gop that is coming up a little
why do you think that we won't see the obama administration as being the first administration since the '80s to give up this pseudo war on drugs? >> you know, they have taken some stones war on drugs. the one thing obama did in 2010 is he lowered the disparity between crack cocaine and cocaine. his view is this is a prevention matter and they're working on that. for whatever reason, i'm not sure why. if you go on the white house website, they have a long page about how marijuana use is...
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. >> mark seimone, the obama administration stopped trying or deafing the defense of marriage act awhile ago. a lot of people got their back up over that but they let that go. i want to ask you if you agree. is it the financial ramifications that make this a federal issue or is jimmy write and it's really a civil rights issue? >> i don't know if i'm the one to ask. i don't think i'm even for heterosexual marriage. [ laughter ] >> i'm with mark. >> there's an economic benefit to this. obviously catering halls, wedding photographers, caterers, even divorce lawyers can make a lot of money here. the reason i think there has to be some federal law of ruling here, a marriage license has to be portable. people are going to prove state to state. clearly there are gay couples that need all kinds of protections. hospital visitation rights, civil protections of all kinds. i don't know if you call it the same as marriage but i'm starting to move more in that direction. >> stay put. we've got more work to do. 24 days until our economy falls off the tax and fiscal cliff. just where do we stand on a de
. >> mark seimone, the obama administration stopped trying or deafing the defense of marriage act awhile ago. a lot of people got their back up over that but they let that go. i want to ask you if you agree. is it the financial ramifications that make this a federal issue or is jimmy write and it's really a civil rights issue? >> i don't know if i'm the one to ask. i don't think i'm even for heterosexual marriage. [ laughter ] >> i'm with mark. >> there's an economic...
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after first supporting the defense of marriage act, the obama administration concluded last year that it violates the constitution. >> we cannot defend the federal government poking its nose into what states are doing and putting the thumb on the scale against same sex companies. >> reporter: house republicans are now taking up the law's legal defense. supporters say it helps preserve traditional marriage. >> unions of two men and two women are not the same thing as a marriage between a man and a woman. only marriage between a man and a woman can connect children to their mother and father and their parents to the children. >> reporter: the fact that the court has agreed to take up both cases, including the battle over proposition 8 from california, could mean that the justices are prepared to get to the constitutional heart of the same-sex marriage issue. that might result in what would essentially be the roe v. wade of gay rights. >> thanks for that. >>> back to you, molly. you were doing a big piece of this for "the atlantic" for next week. what did you find most interesting in you
after first supporting the defense of marriage act, the obama administration concluded last year that it violates the constitution. >> we cannot defend the federal government poking its nose into what states are doing and putting the thumb on the scale against same sex companies. >> reporter: house republicans are now taking up the law's legal defense. supporters say it helps preserve traditional marriage. >> unions of two men and two women are not the same thing as a marriage...
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. >> there are numbers that the obama administration is acutely aware of. the number is this. more people in colorado voted to legalize marijuana than voted for barack obama. >> including 40% of colorado republicans. >> more people voteded in alabama for medical marijuana than for barack obama. that will get people's attention. it is like gay marriage. that train is not going back to the station. we are getting to a moment where politicians are going to have to ask themselves, are you going to be the one known to be the last one to burn a witch? >> it also comes down to empirical evidence. we need to, if it's available, we need to have -- be approached with the numbers. politicians react to good empirical evidence. remember, if you're talking politics, remember what you have. you have a law enforcement, a very powerful based group. it is very difficult to get elected in a city if law enforcement is against you. you have law enforcement squarely against legalizing marijuana. that's the viewpoint there. if you are talking politics, we have to have the information. that's why i g
. >> there are numbers that the obama administration is acutely aware of. the number is this. more people in colorado voted to legalize marijuana than voted for barack obama. >> including 40% of colorado republicans. >> more people voteded in alabama for medical marijuana than for barack obama. that will get people's attention. it is like gay marriage. that train is not going back to the station. we are getting to a moment where politicians are going to have to ask themselves,...
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new reports this morning the obama administration might sue the state. recently passed initiatives decriminalized the recreational use of pot. but it is still illegal under federal law. options for the administration include preventing the states from regulating and taxing marijuana or cutting off federal cash. a new jersey town acting like the grinch trying to tear down one man's christmas spirit. the fight is over this 400-foot inflatable santa. the owner of seasonal world says there is no ordinance but he has been issued five tickets ordering him to take it down. the mayor calling it a hazard because it could blow over. >> what i do every year and i have been doing it for 12 years and they have been basically harassing me for 12 years. >> the owner of seasonal world says he has no intention of moving santa and he will take the battle to court after christmas. a fireworks display in burma goes terribly wrong when explosions go off into the crowd. [screams] >> you can hear the screams. this is a festival and hot air balloons were filled were fireworks.
new reports this morning the obama administration might sue the state. recently passed initiatives decriminalized the recreational use of pot. but it is still illegal under federal law. options for the administration include preventing the states from regulating and taxing marijuana or cutting off federal cash. a new jersey town acting like the grinch trying to tear down one man's christmas spirit. the fight is over this 400-foot inflatable santa. the owner of seasonal world says there is no...
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president obama originally said that any evidence that assad is preparing chemical weapons crosses a red line triggering western action against him. now, the administration seems to be backing off and they are warning that using weapons will be the red line. won't that be too late? >> yes, it will. frankly it's part of a pattern that is very disappointing. it would be enough to distract and feed the attention of top leadership but this syrian situation, president called for assad to go before he had any plan in place to shape that process or the outcome. two years into a conflict we've known the chemical weapons were there. we don't have acceptable options. you are looking at air strikes as an act of war we have sought to avoid thus far as perhaps the most feasible option should they be deployed. >> gregg: once these weapons or loaded, they could be given to terrorists? >> proliferation is always dangerous, all these places we are dealing with the world's most dangerous weapons. their ability to deploy these things and put them on missiles and hit targets is bit down the road but pro
president obama originally said that any evidence that assad is preparing chemical weapons crosses a red line triggering western action against him. now, the administration seems to be backing off and they are warning that using weapons will be the red line. won't that be too late? >> yes, it will. frankly it's part of a pattern that is very disappointing. it would be enough to distract and feed the attention of top leadership but this syrian situation, president called for assad to go...